IOA Annual Report 2022


Economic Competitiveness Program


Panama City, Panama’s expanding downtown skyline. Panama has been one of the fastest growing economies in the world over the previous decade with an average growth rate of 5.81% from 2010 through 2022

nvestment and growth led by the private sector is essential to catalyze expanded economic development, reduce income inequality and boost regional prosperity across the Americas. Such investment is predicated on open markets, sound fiscal and tax policies, regulatory transparency and the rule of law, as well as a skilled workforce adaptable to the demands of today’s ever-changing digital economy.

Given changing geo-politics, the U.S., Canada, Mexico and the neighboring countries of Central America and the Caribbean are now uniquely positioned to build more secure and resilient next generation supply chains. That said, today, cooperation and integration among countries in the region, including North America, are under threat due to a variety of domestic, regional and international fissures.

In an effort to promote regional economic competitiveness across North America, the Institute of the Americas (IOA) has partnered with UC San Diego’s School of Global Policy & Strategy to serve as the U.S. Coordinators of the North American Forum (NAF). The IOA is also partnering with the UC San Diego Center for U.S.-Mexican Studies to support the Commission of the Californias (COMCAL) with the goal of helping to spur the regional economic competitiveness of the tri-state Las Californias region encompassing the states of California, Baja California and Baja California Sur.

COMCAL breakout meeting at IOA’s complex


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